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Oxide Computer raises $445M (SEC Form D)

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Re: Oxide Computer raises $445M (SEC Form D)

#151

Post by panick21_ »

pjmlp wrote: post #128
TimTheTinker wrote: post #32

Earlier quoted context omitted.

I can't think of an outcome that would be more odious to Steve Tuck and Brian Cantrill. Brian in particular still talks about the soul-crushing experience of Oracle's hostile takeover of Sun Microsystems.

Which many keep forgetting is that there was no one else wanting to acquire Sun, IBM did an offer that was shortly thereafter withdrawn, and that was it. Sun would have died, everything completely lost among creditors and that would be it, end of story.

I don't think that's true. Oracle just came in with clearly higher price then anybody else was willing to even consider.

They could also have fired a lot of people and likely survived. But the CEO clearly had no interest in that path.

Re: Oxide Computer raises $445M (SEC Form D)

#152

Post by kaliszad »

esseph wrote: post #139
XorNot wrote: post #80

Earlier quoted context omitted.

Which only matters to consumers. Businesses at scale have teams doing this stuff and costs matter. I've written on this before but Oxide are sitting in very narrow market segment in terms of value and I can't see how it's viable.

> I've written on this before but Oxide are sitting in very narrow market segment in terms of value and I can't see how it's viable. You may not have heard, but the US government just prints money. Banks make a lot of it, too.

... and Anthropic for instance.

Re: Oxide Computer raises $445M (SEC Form D)

#153

Post by nixon_why69 »

pjmlp wrote: post #143
nixon_why69 wrote: post #141

Earlier quoted context omitted.

Google could have bought Sun for less than they wound up paying in a decade of legal fees anyways over Android Java.

Indeed, which is why I am the opinion they had nothing to complain about. However given their track record designing programming languages, thankfully that did not happen.

Actual shout out to Oracle inexplicably moving Java forward a ton while also not strangling it with fees and suing their own customers. Wonder if there's a story of some genius, unsung internal salesman who made that happen.

Re: Oxide Computer raises $445M (SEC Form D)

#154

Post by panick21_ »

XorNot wrote: post #80
joshuamorton wrote: post #49

Earlier quoted context omitted.

> Is there anything they're doing that can't be replicated by hypervisor/management software on commodity x86 servers? Seems like their "secret sauce" is a software stack that "just works" more than any actual special feature of the hardware. There's a reason Apple is consistently one of the top 5 most valuable companies. It isn't because their hardware does anything that can't be done on "commodity" hardware, its th…

Which only matters to consumers. Businesses at scale have teams doing this stuff and costs matter. I've written on this before but Oxide are sitting in very narrow market segment in terms of value and I can't see how it's viable.

If large corps see the value and build whole data-centers with oxide racks, a few large costumers alone can be huge.

I suspect part of this raise has to with Antropic using Oxide at pretty large scale.

If its really true that things will move from public cloud to private in large scale, its not narrow at all.

And they have a pretty clear fitting product range they can expand into.

Re: Oxide Computer raises $445M (SEC Form D)

#155

Post by gib444 »

tyre wrote: post #88
shofetim wrote: post #17

Woot!, they are on a tear: 2023: Series A 44 Million https://oxide.computer/blog/oxide-unveils-the-worlds-first-c... 2025: Series B 100 Million https://oxide.computer/blog/our-100m-series-b 2026: Series C 200 Million https://oxide.computer/blog/our-200m-series-c 2026: Series D 445 Million https://www.sec.gov/Archives/edgar/data/1795071/000179507126...

I don’t know who needs to hear this but raising a ton of money is not success. Also interesting from their Series C press release from earlier this year: > With this large Series C, we have entirely de-risked capital going forward, which in turn assures our independence.

It's success, just not what you consider success.

Re: Oxide Computer raises $445M (SEC Form D)

#156

Post by NexRebular »

fishgoesblub wrote: post #2

I've seen posts about Oxide for years now, but do they actually ship hardware? I've never seen images, or posts about companies with their new Oxide Thingamajig™

Furthermore, do they ship only to the US or can those racks be bought elsewhere too?

Re: Oxide Computer raises $445M (SEC Form D)

#157

Post by zozbot234 »

antonvs wrote: post #92
mihaelm wrote: post #10

Earlier quoted context omitted.

Joe Schmoe LLC will probably do just fine by sticking to popular clouds. I reckon adopting Oxide Computer would pay off at much larger volumes of traffic, or if you have to do on-prem due to regulatory reasons. It would be nice to know more about pricing so the Enthusiast Joe can have a better idea, but it's more a boutique vibe right now.

Putting together bits and pieces from different sources: a half-rack is the minimum SKU, and it has 1024 cores and 16 TiB RAM for somewhere around $600k. (So many people have repeated the latter number that it must be true! I.e., add salt grains to taste.) Just the thing for an ambitious enthusiast to upgrade to from their Raspberry Pi rack!

Is that an up-to-date quote? That's not a bad price for 16 TiB of RAM. Once you add the CPU cores and the storage, it's actually an amazing deal.

Re: Oxide Computer raises $445M (SEC Form D)

#158

Post by fulafel »

calvinmorrison wrote: post #65
rincebrain wrote: post #62

Earlier quoted context omitted.

Many people who have ever had to deal with the long tail of insanities in physical hosting, like "the ceiling burst and dumped water on a rack", "the RAID controller's capacitors exploded and now you need to figure out what still works", or "for some reason three of the servers won't talk to this switch but talk to anything else using the same cables, and the switch ports work for other devices", would happily pay a…

I've dealt with both. I am continually amazed that people not only pay for AWS, but that it is so complicated, and that they use it in all sorts of absurd ways, not even just hosting 'vms' but using all sorts of amazon tools to do trivial tasks. I am sorry I just dont get it. Is it like learning salesforce and once you're sucked in you're just in? I am so glad I do not work at an AWS shop anymore and am very glad to…

You get AWS certifications, use as many AWS services as possible to pad your CV with the service experience and certifications, get your arguments and "well architected" dogma from AWS sales. Then you can get paid more at the next company (or at least high salary offers to extract a raise).

Also building high complexity systems that require a big expensive cloud engineer staff gets you status and visibility. In a tight spot you can still blame AWS for problems.

(Reality is not quite so bleak as people are not completely cynical)

Re: Oxide Computer raises $445M (SEC Form D)

#159

Post by pjmlp »

panick21_ wrote: post #151
pjmlp wrote: post #128

Earlier quoted context omitted.

Which many keep forgetting is that there was no one else wanting to acquire Sun, IBM did an offer that was shortly thereafter withdrawn, and that was it. Sun would have died, everything completely lost among creditors and that would be it, end of story.

I don't think that's true. Oracle just came in with clearly higher price then anybody else was willing to even consider. They could also have fired a lot of people and likely survived. But the CEO clearly had no interest in that path.

One great thing about historical fact is that anyone is able to check them, including interviews with key figures.

I am using computers since 1986.

Re: Oxide Computer raises $445M (SEC Form D)

#160

Post by nasso_dev »

subarctic wrote: post #96
steveklabnik wrote: post #53

Earlier quoted context omitted.

Exactly what I said here: https://steveklabnik.com/writing/i-see-a-future-in-jj/ I am still a huge fan and supporter of Oxide, and I'm really glad to see them still doing well.

Just read the post you linked but didn't really get it. You left oxide to build something on jj?

yes, specifically https://www.ersc.io/
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